2U,INC. (NASDAQ:TWOU) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December4, 2018, the Board of Directors (the “Board”) of 2U,Inc., a Delaware corporation (the “Company”) increased its size to twelve (12) members in accordance with the Company’s Seventh Amended and Restated Certificate of Incorporation, and appointed Alexis Maybank as a ClassIII Director to fill the vacancy created by such increase in size, both effective as of December4, 2018. Ms.Maybank’s term will expire at the Company’s 2020 Annual Meeting of Stockholders. Ms.Maybank will be compensated in accordance with the Company’s director compensation program for non-employee directors. As of the filing of this Form8-K, the Board has not determined the committee assignments for Ms.Maybank.
The Company issued a press release announcing that Ms.Maybank will join the Company as a ClassIII Director. A copy of the press release is attached as Exhibit99.1 hereto and is incorporated by reference.
Item 9.01 Financial Statements and Exhibits
The following exhibit is filed as part of this report: